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How Iran is turning $50,000 'Kamikaze' drones into a million-dollar problem for U.S. allies
About 20% of global oil supply passes through the Strait. Drawing on academic studies and the experience of past supply outages, Bloomberg Economics estimates that a 1% drop in supply pushes prices up by about 4%.
Iran War Oil Shock Threatens to Unleash Wave of Global Inflation
Sustained high oil prices would boost inflation and slow growth, putting central banks in a tough spot.
www.bloomberg.com
For Europe, sustained higher energy prices would take the economy to the brink of recession. For the US, they would place the Federal Reserve in an impossible position.
Iran War Oil Shock Threatens to Unleash Wave of Global Inflation
Sustained high oil prices would boost inflation and slow growth, putting central banks in a tough spot.
www.bloomberg.com
The Times of London: “The CIA and Israel are working to arm Kurdish forces in Iraq and Iran to take on the regime in Tehran, sparking fears of sectarian conflict and a widening regional war drawing in Syria and Turkey”
Trump and Netanyahu arm Kurdish militia to take on Tehran regime
The CIA and Israel are working to arm Kurdish forces in Iraq and Iran to take on the regime in Tehran, spark...
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